Ethereum liquidity staking protocol Lido surpasses $30 billion in total value locked, reaching an all-time high
According to data from The Block's dashboard, on February 26th, the total value locked (TVL) in the Ethereum liquidity staking protocol Lido reached $30.56 billion. Since around July 2022, Lido's adoption has been steadily increasing, leading to a gradual rise in TVL. The previous major peak in Lido's TVL was on April 5th, 2022, just a month before the collapse of the Terra USD stablecoin ecosystem, reaching $20.83 billion.
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